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AUD/USD stalls out in early in Wednesday action, run for 0.7200 falls shot

  • Swinging market senti7170 before immediate bedding back down to yesterday’s familiar levels, though the pair maintains an interday bullish stacking overall, contin
  • uing to push upwards on Greenback weakness despite a notable lack of intrinsic buying power  in the Aussie.

Australian Building Permitstulbed once again, falling -9.1% on Wednesday from 15.0 and a forecast of 2,9%. The missed reading is unlikely to drive much market attention as investors remained entirely focussed on results from US-China trade negotiations slated to begin today and continue through tomorrow, keeping high-impact market data at bay as the Pacific session rolls along.

AUD/USD Technical Level

AUD/USD

Overview:
       Today Last Price:  0.7153
       Today Daily change:  14  pips
       Today Daily change %:  0.196%
       Today Daily Open:  0.7139
Trends:
       Previous Daily SMA20:  0.7099
       Previous Daily SMA50:  0.7187
       Previous Daily SMA100:  0.7181
       Previous Daily SMA200:  0.7338
Levels:
       Previous Daily High:  0.7151
       Previous Daily Low:  0.7116
       Previous Weekly High:  0.7125
       Previous Weekly Low:  0.6684
       Previous Monthly High:  0.7394
       Previous Monthly Low:  0.7014
       Previous Daily Fibonacci 38.2%:  0.7129
       Previous Daily Fibonacci 61.8%:  0.7138
       Previous Daily Pivot Point S1:  0.712
       Previous Daily Pivot Point S2:  0.71
       Previous Daily Pivot Point S3:  0.7085
       Previous Daily Pivot Point R1:  0.7155
       Previous Daily Pivot Point R2:  0.717
       Previous Daily Pivot Point R3:  0.719

 

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